Chemtura increases prices on fatty amides
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Chemtura Corporation is increasing prices on Kemamide(r) primary and secondary amide products, effective July 1, 2007 or as contracts permit. The magnitude of the increase will, in most cases, range from 5% to 15% depending on the grade.
Chemtura Corporation also announced that, effective immediately or as contracts allow, prices for all Chemtura fatty acid-based products, including Hystrene(r), Industrene(r), Neustrene(r) and Kemester(r) brands, will be increased:
* Non-formula based products will increase by a minimum of $0.05/lb
* Formula based products will increase by a minimum of $0.02/lb